Empirical Finance’s Alpha Architect Tail Risk ETF CAOS Stock Holding History

Empirical Finance’s Portfolio CAOS Stock Details CAOS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$12.5M	Sell	138,121 -48,942	-26%	-$4.43M	0.52%	41
2026 Q1	$17M	Buy	+187,063	New	+$16.9M	0.8%	22
2025 Q4	–	Sell	-192,048	Closed	-$17.2M	–	485
2025 Q3	$17.2M	Sell	192,048 -16,915	-8%	-$1.51M	0.82%	17
2025 Q2	$18.6M	Buy	208,963 +159,506	+323%	+$14.2M	0.97%	15
2025 Q1	$4.35M	Buy	49,457 +1,254	+3%	+$110K	0.26%	85
2024 Q4	$4.22M	Buy	48,203 +6,900	+17%	+$601K	0.24%	78
2024 Q3	$3.57M	Buy	41,303 +1,758	+4%	+$151K	0.21%	98
2024 Q2	$3.36M	Buy	39,545 +26,915	+213%	+$2.27M	0.21%	95
2024 Q1	$1.06M	Buy	12,630 +3,586	+40%	+$300K	0.07%	270
2023 Q4	$752K	Buy	9,044 +205	+2%	+$16.9K	0.05%	308
2023 Q3	$719K	Buy	8,839 +6,160	+230%	+$502K	0.05%	300
2023 Q2	$217K	Hold	2,679	–	–	0.02%	499
2023 Q1	$207K	Buy	+2,679	New	+$203K	0.02%	490

Other funds holding CAOS

WCM

Wealthcare Capital Management Richmond, Virginia $1.05B AUM 14.89% 1-Year Est. Return

Insight Advisors Newtown, Pennsylvania $567M AUM 25.52% 1-Year Est. Return

Empowered Funds Havertown, Pennsylvania $19B AUM 51.73% 1-Year Est. Return

CWA

Continuum Wealth Advisors Saratoga Springs, New York $296M AUM 24.77% 1-Year Est. Return

HighTower Advisors Chicago, Illinois $104B AUM 28.3% 1-Year Est. Return

Cultivar Capital Denton, Texas $155M AUM 16.34% 1-Year Est. Return

WAP

Wealthcare Advisory Partners West Chester, Pennsylvania $5.27B AUM 22.23% 1-Year Est. Return

JWM

JPL Wealth Management Highlands Ranch, Colorado $504M AUM 24.73% 1-Year Est. Return

HIF

Hill Island Financial Grand Rapids, Michigan $469M AUM 26.42% 1-Year Est. Return

SFO

Stokes Family Office New Orleans, Louisiana $858M AUM 26.13% 1-Year Est. Return

Empirical Finance's CAOS Position: Q2 2026 in Review

Empirical Finance reduced its Alpha Architect Tail Risk ETF (CAOS) stake by 26% in Q2 2026, selling an estimated $4.43M and leaving 138,121 shares worth $12.5M. The position accounts for 0.52% of the portfolio, ranked #41.

Empirical Finance first reported a position in CAOS in Q1 2023 and has held it in 13 quarters since. The position peaked at $18.6M in Q2 2025. 67 funds tracked by Wall St. Rank hold CAOS as of Q2 2026.

Empirical Finance held 138,121 shares of Alpha Architect Tail Risk ETF worth $12.5M as of Q2 2026.
Empirical Finance sold 48,942 Alpha Architect Tail Risk ETF shares in Q2 2026, an estimated $4.43M.
Alpha Architect Tail Risk ETF made up 0.52% of Empirical Finance's portfolio in Q2 2026, its #41 holding.
Empirical Finance first reported a position in Alpha Architect Tail Risk ETF in Q1 2023 and has held it in 13 quarters since.
Empirical Finance's Alpha Architect Tail Risk ETF position peaked at $18.6M in Q2 2025.
67 funds tracked by Wall St. Rank held Alpha Architect Tail Risk ETF as of Q2 2026.

Based on Empirical Finance's 13F filing for Q2 2026, filed 14 Aug 2026.